Facing the Economic Crisis in New Zealand

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1. @izzyizod Dollar is rising because of the Europeans flight to US treasuries. It is coming to an end right now, plus the FED is going to begin inflating the monetary base, so we are at the best time right now to sell out of the dollar.
2. USA dollar goes up when stocks go down, people deleveage from stocks into dollars causing short term strength. Another crash (stocks) coming 09 as retail sales drop to lowest levels in 60yrs in the US.A 1% decline per month at the highest level in great depression. In the last 4months its been 10x faster. Twice the dept of depression, no surplus,and a 70% consumer based economy, Look up Baltic dry index to see how economy is doing vid on u tube
3. Yes we agree but it may come down yet and surely logic will dictate sooner or later.
4. Glad you mentioned that as we have spent some time thinking about why the USd hasn't crashed. Possibly the only reason for it holding up is the belief (myth) that America is the only country that can solve the problem-We are confused also. I'm sure George said it would crash. We certtainly agree with you Chevyvictor.
5. Its as tho the Banking Elite dont want anyone buying US goods& products by running their dollar up to untouchable levles. I dont do E-bay anymore because of high US dollar. Going by the current US financial troubles, their currency shouldve plummeted against ours but its gone the total opposite way?! -confused